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<p>[QUOTE="National dealer, post: 23974, member: 487"]Since the thread about Statehood quarter rolls has popped up again, I figured it was time to put an end to some of the myths.</p><p><br /></p><p>I found a 1909-S VDB in an unsearched lot. </p><p>I found a 1955 Doubeled Die in an unsearched lot.</p><p>I found a 1943 Copper Cent</p><p>I found a two headed/tailed coin</p><p>I found a silver cent</p><p>I found a gold cent</p><p>I heard a copper 1943 cent sold for 1 million plus</p><p>I got a good deal on a coin bought on TV</p><p>My grandmothers hoard was found in attic contained a rare $10,000 coin</p><p>I found a MS-69 MS-70 coin in a roll at the bank</p><p>I found an original colonial copper mixed in an unsearched lot</p><p>I found an original Confederate Half Dollar</p><p><br /></p><p>These are the most common myths circulating throughout the coin community. They are perpepuated on TV and in magazine articles. They are talked about in coin forums. While each of the above myths have a slim possibility of some truth, your odds of this happening to you are far greater than stumbling across Big Foot on a walk through the woods.</p><p>Now if you feel that you have the luck of the Irish running through your veins, play the powerball. Your odds are better and you will get rich much faster. </p><p><br /></p><p>While the student of the hobby will find RPM's or Double dies, or small errors, the major finds are not found in circulation. Yes on rare occasions, but even most of these are considered suspect by those of us who spend most of our time in the business. </p><p><br /></p><p>The whole thread about mintage numbers of the Mint wrapped rolls is very misleading. In what price guide are you finding roll values that differ from Bank wrapped to Mint Wrapped to Dealer wrapped? Anyone paying extra to receive quarters or nickels in a mint wrapper should really consider why? They WILL NOT receive more money for them when it comes time to sell. </p><p>Yes there are SOME dealers who perpetuate the myth also. They sell Mint Wrapped coins like they are special in some way. </p><p>The United States Mint makes it very clear that these coins are circulation quality only. They are in no way treated or handled differently than any of the other hundreds of millions of coins. They are created using the same dies, fall through the same riddling machines, and still wrapped using machines. They come with bag marks, scratches and all other problems that any rolled coin will suffer.</p><p>Dealers who play the registry game, buy many mint and proof sets in search of that "Perfect" coin. Many times they are wrong and spend $28 to slab a $5 coin. It is part of the game.</p><p><br /></p><p>I have <span style="color: red">NEVER</span> heard any credible person tell me that they have found a ultra gem in any roll. </p><p><br /></p><p>Do not allow yourself to be mislead into believing the myths. Truth and knowledge are easy to come by in this business. You just have to take the time to learn it.[/QUOTE]</p><p><br /></p>
[QUOTE="National dealer, post: 23974, member: 487"]Since the thread about Statehood quarter rolls has popped up again, I figured it was time to put an end to some of the myths. I found a 1909-S VDB in an unsearched lot. I found a 1955 Doubeled Die in an unsearched lot. I found a 1943 Copper Cent I found a two headed/tailed coin I found a silver cent I found a gold cent I heard a copper 1943 cent sold for 1 million plus I got a good deal on a coin bought on TV My grandmothers hoard was found in attic contained a rare $10,000 coin I found a MS-69 MS-70 coin in a roll at the bank I found an original colonial copper mixed in an unsearched lot I found an original Confederate Half Dollar These are the most common myths circulating throughout the coin community. They are perpepuated on TV and in magazine articles. They are talked about in coin forums. While each of the above myths have a slim possibility of some truth, your odds of this happening to you are far greater than stumbling across Big Foot on a walk through the woods. Now if you feel that you have the luck of the Irish running through your veins, play the powerball. Your odds are better and you will get rich much faster. While the student of the hobby will find RPM's or Double dies, or small errors, the major finds are not found in circulation. Yes on rare occasions, but even most of these are considered suspect by those of us who spend most of our time in the business. The whole thread about mintage numbers of the Mint wrapped rolls is very misleading. In what price guide are you finding roll values that differ from Bank wrapped to Mint Wrapped to Dealer wrapped? Anyone paying extra to receive quarters or nickels in a mint wrapper should really consider why? They WILL NOT receive more money for them when it comes time to sell. Yes there are SOME dealers who perpetuate the myth also. They sell Mint Wrapped coins like they are special in some way. The United States Mint makes it very clear that these coins are circulation quality only. They are in no way treated or handled differently than any of the other hundreds of millions of coins. They are created using the same dies, fall through the same riddling machines, and still wrapped using machines. They come with bag marks, scratches and all other problems that any rolled coin will suffer. Dealers who play the registry game, buy many mint and proof sets in search of that "Perfect" coin. Many times they are wrong and spend $28 to slab a $5 coin. It is part of the game. I have [COLOR=red]NEVER[/COLOR] heard any credible person tell me that they have found a ultra gem in any roll. Do not allow yourself to be mislead into believing the myths. Truth and knowledge are easy to come by in this business. You just have to take the time to learn it.[/QUOTE]
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